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Staatsolie Says Petronas-Operated Block 52 Could deliver Oil Within 18 Months Following Confirmed Gas Win in Suriname
Australia

First New Offshore Petroleum Permit Granted

A bid to undertake exploration over an area east of Kupe gas field in Taranaki has become the first new…
Safe arrivals at AF Environmental Base Vats
Europe

Safe arrivals at AF Environmental Base Vats

Two offshore assets from the UK sector of the North Sea have recently safely arrived at AF Environmental Base Vats.…
Nabors chief executive Anthony Petrello
North America

Nabors sees drilling activity rise and revenue fall in second quarter

Contractor beats estimates as average rig count climbs Drilling activity for Nabors Industries accelerated across all markets in the second…
Keppel to divest six legacy drilling rigs for $928 million
Asia

Keppel to divest six legacy drilling rigs for $928 million

Four other unfinished units could later generate a further $988 million in cash Singapore’s Keppel has established a new private…
Borr Drilling’s Mexican JV completes purchase of five rigs for $287 million
North America

Borr Drilling’s Mexican JV completes purchase of five rigs for $287 million

BC Ventures, a 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner…
Offshore-oil-and-gas
Australia

New Zealand Awards First Offshore Oil License Since Ending Drilling Ban

New Zealand’s government has awarded the first offshore oil and gas exploration license after last year lifting a ban on…
saipem
Africa

Saipem wins $911m Eni contracts for Ivory Coast and Italian projects

Eni Côte d’Ivoire and its partners awarded the first contract for phase three of the Baleine field, located up to…
Transocean Enabler
Europe

Transocean Enabler strikes oil near Johan Castberg for Equinor

Equinor and its partners discovered oil in the Skrugard North Tubåen prospect in the Barents Sea, with the licensees weighing…
Noble Corporation Posts $37 Million Q2 Loss as Petrobras Suspends Two Drillships in Brazil
South America

Noble Corporation Posts $37 Million Q2 Loss as Petrobras Suspends Two Drillships in Brazil

Noble Corporation has reported a net loss of $37 million for the second quarter of 2026, as the operational suspension…
Equinor finalizes new design for Arkenstone well
Europe

Equinor finalizes new design for Arkenstone well

Equinor and partners have finalized a new well design for the Arkenstone gas exploration well in production license 1014 in…

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